The University of Exeter has signed a partnership agreement with the Agence Française de Développement to support countries in the Global South with economic policy in response to climate change.
The collaboration will enhance macroeconomic analytical tools for finance ministries and build on the university’s Exeter Climate Policy programme, which provides economic analysis to support low-carbon transitions.
Stuart Brocklehurst, deputy vice-chancellor at Exeter, commented: “Exeter is home to more of the world’s top 100 climate scientists than any other institution – and this partnership will enable us to use this research and expertise to assist monetary planning in the Global South. We are delighted to be partnering with AFD as we look to create a greener, healthier and fairer future for those countries forced to financially account for future climate disruption.”
Thomas Mélonio, chief economist at AFD, added: “Through this partnership with the University of Exeter, AFD aims to connect cutting-edge climate and nature research with the macroeconomic analytical tools we have been developing to respond to the needs of Ministries of Finance across partner countries."
The agreement was formalised with a memorandum of understanding at the British Embassy in Paris during a roundtable of governments, development banks and research institutions.
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